Clients
Valor Management serves 57 clients. The average client has about $1.04 billion with the firm.
- Pooled investment vehicles57 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 57 | $59,316,626,010 | 100.0% | $1.04B |
| Total | 57 | $59,316,626,010 | 100% | $1.04B |
- Clients
- 57
- Regulatory AUM
- $59,316,626,010
- Share
- 100.0%
- Avg. per client
- $1.04B
Total
- Clients
- 57
- Regulatory AUM
- $59,316,626,010
- Share
- 100%
- Avg. per client
- $1.04B
What it does
Valor Management provides portfolio management for pooled vehicles and other activities. It is paid through a percentage of assets, performance-based fees and other arrangements.
Valor Management advises 54 private funds.
94.6% of assets ($56.09B across 56 accounts) are managed with discretion; $3.23B across 1 account is not. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Valor Management has custody of client assets.
- All other custodians$59.32B100%
Ownership and leadership
Valor Management L.P. owns 75% or more of Valor Management.
- Owns 75% or more of Valor Management LLC
Valor Management L.P.
Control person · since December 2019
- Owns 75% or more of Valor Management L.P.
Valor Holdings Corp.
Control person · since December 2019
Valor Funds Group LLC
General partner · Control person · since June 2019
- Owns 75% or more of Valor Funds Group LLC
Antonio Gracias
Control person · since June 2019
Leadership
- Juan SabaterPartner, Co-President
- Jonathan ShulkinPartner, Co-President and Treasurer
- Anne DeanChief Financial Officer
- Cassie PetersonChief Compliance Officer
- Antonio GraciasPartner, CEO, CIO
- Stephen SwansonChief Legal Officer
Staff
- 104 employees
- 68 in advisory functions
Reported holdings
Valor Management’s reported 13F holdings total $86.19B across 5 positions, and the ten largest make up 100.0% of it.
- $86.19B
- Reported 13F value
- 5
- Positions
- 100.0%
- In the 10 largest
- +47550.0%
- Value vs. prior quarter
- Space Exploration Techn Corp. · Class A Com Stk99.8%
- Brainsway Ltd · Sponsored ADS0.1%
- Bitgo Holdings Inc. · Com Shs CL A0.1%
- Harmony Biosciences Hldgs IN0.0%
- Bioage Labs Inc.0.0%
Together, the ten largest are 100.0% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $86.19B is not its $59.32B in regulatory assets and does not represent any individual client's portfolio.
Fees
Valor Management is paid through a percentage of assets under management, performance-based fees and other.
Valor Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Valor Management has 5 offices, with 6 listed addresses across 6 states.
California · 1 listed address
- 260 Homer Ave, Palo Alto
Florida · 1 listed address
- 174 Ne 24th Street, Miami
Illinois · 1 listed address
- 320 N Sangamon Street, Suite 1200, ChicagoHQ
New York · 1 listed address
- 575 Broadway, New York
Texas · 1 listed address
- 1007 South Congress Avenue, Austin
Washington · 1 listed address
- 701 5th Ave., Seattle
Registration details
- Legal name
- Valor Management LLC
- Headquarters
- 320 N Sangamon Street, Suite 1200, Chicago, IL 60607
- Phone
- 312-683-1900
- Website
- Not reported
- SEC file
- 801-73485
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Valor Management have?
Valor Management has 57 clients and manages $59.3 billion for them, as of April 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 April 2026
What services does Valor Management offer?
Valor Management provides portfolio management for pooled vehicles and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Valor Management have?
Valor Management has 0 investment adviser representatives registered with state securities authorities, out of 104 employees, and 68 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Valor Management?
Valor Management is owned through a chain of holding companies by Antonio Gracias and Valor Holdings Corp. Its direct owner is Valor Management L.P. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 April 2026
How does Valor Management get paid?
Valor Management is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file